https://minutesof.com/on/consumption/ Everyone on the record about consumption: 4 verbatim quotes from 2 people, March 2022 to September 2022, in one chronology, each with a timestamp and a… en Sun, 30 Aug 2026 22:32:53 +0000 https://minutesof.com/q/08a701be-9fe2-4ef1-8940-1a5636de83c8/ https://minutesof.com/q/08a701be-9fe2-4ef1-8940-1a5636de83c8/ “This “perverse” result, in the words of John Campbell (1994), 5 stems from the combination of a strong wealth effect and higher expected real interest rates, which contribute to a transition period during which households enjoy greater consumption and leisure.” — John Williams, NY Fed speeches consumption https://minutesof.com/q/fa7355fa-099c-4a81-b27d-0950a6d8b7f4/ https://minutesof.com/q/fa7355fa-099c-4a81-b27d-0950a6d8b7f4/ “Research by New York Fed economists found that over recent years, higher-income households and homeowners have experienced substantially stronger consumption growth than lower-income households and renters.” — John Williams, NY Fed speeches consumption https://minutesof.com/q/e7c08ae3-8bc5-44c6-ace5-bd8ebca2d6e6/ https://minutesof.com/q/e7c08ae3-8bc5-44c6-ace5-bd8ebca2d6e6/ “our objective shouldn't be about in sustainability, shouldn't be about, hey, can we get people to consume less? It should be, can we get people to consume more?” — David Friedberg, The Julia La Roche Show Thu, 29 Sep 2022 15:21:04 +0000 consumption https://minutesof.com/q/add6caa6-b6ed-4dee-be75-51ce899b2035/ https://minutesof.com/q/add6caa6-b6ed-4dee-be75-51ce899b2035/ “I think sustainability arises from building technology based solutions that let consumers consume more and dropping the price and dropping the environmental impact.” — David Friedberg, My First Million Thu, 03 Mar 2022 20:57:55 +0000 consumption